Description
Modern Trade Counter Industrial Unit
Total size 523 sq m (5,630 sq ft)
Location
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The property is situated in The Partnership Park which is located on Rodney Road, a busy thoroughfare, on the Fratton Trading Estate. Nearby by occupiers include Howdens, B and Q, Tesco, The Gym and Tile Giant.
Planning
We understand that the premises benefit from Class B1 / B2 / B8 Storage use within the Use Classes Order 1987 (as amended).
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand the property is registered for VAT.
Accommodation
The property comprises a modern terraced industrial unit of steel portal frame construction with a concrete floor, insulated steel profile cladding and pitched roof. Internally, the unit benefits from two mezzanine floors, three phase power, minimum eaves height of 5.5m, WC and kitchen facilities. There is an electric loading door (4.79 m high by 3.50 m wide). Externally, there is parking for seven vehicles.
We have measured and calculate the accommodation to have the following approximate Gross Internal Area (GIA):
Ground Floor 218 sq m (2,350 sq ft)
Mezzanine 159 sq m (1,721 sq ft)
Mezzanine 144 sq m (1,561 sq ft)
Total 523 sq m (5,632 sq ft)
Business Rates / Council Tax Band
Rateable Value (2023): £31,250.
EPC
We understand the property has an EPC rating of C.
Legal Fees
The tenant will be responsible for their own legal costs and a contribution to the landlords legal fees will be required of £1,250 plus VAT.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term of 10 year leases with a five year break option and open market rent review (upward only) . Rent on Aplication. The landlord requires a six month rent deposit and personal guarantor. ( Agency Pilot Software ref: 3255 )
